Eight Noida Builders to be Arrested for not Delivering Flats

As many as eight Noida builders to be arrested for not delivering 5,000 flats to homebuyers, a Times of India report said. A group of ministers, set up by the Uttar Pradesh Government to sort out the mess in Noida’s real estate sector has directed Gautam Budh Nagar SSP Love Kumar on Monday to arrest these builders, the report said. However, names of these builders were not revealed.

Urban housing minister Suresh Khanna, one of the three ministers in the group, further directed the SSP to initiate action against all builders who have failed to hand over possession to homebuyers and have FIRs against them, the Times of India report said.

In September this year, Noida police had lodged 13 FIRs against six builders with projects in Noida and Greater Noida.

The committee emphasized that builders have to be pushed to deliver 50,000 flats by the end of December, a goal UP chief minister Yogi Adityanath had set in August.

Officials told Times of India that the three development authorities – Noida, Greater Noida, and Yamuna Expressway – have a roadmap to deliver 32,500 flats by the end of the year. But the committee has now asked for a plan to deliver the remaining 17,500 units, the report said.

According to Noida Authority officials, 5,771 completion certificates have been handed over to builders since August 2017. Of these 5,670 flats were handed over by November. Besides, 3,791 flats are being fast-tracked for year-end delivery, the report added.

Greater Noida Authority officials told the group of ministers that they have already given possession of 4,529 flats. About 9,671 are over 90 per cent complete and should get completion certificates this month. About 5,000 flats in Greater Noida are being pushed for completion by January 2018, officials told Times of India.

NEW DELHI: Increased demand for flats that are ready to move in or nearing completion helped housing sales to rise by 7...

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